[ad_1] MUMBAI: Pushing for a public listing of Tata Sons, Shapoorji Pallonji Mistry on Friday said it was “not merely a financial step – it is a moral and social imperative. “Tata Trusts stand to benefit immensely from this (IPO) process. A transparent and publicly accountable Tata Sons would pave the way for a robust…
[ad_1] SIPs hit new high of 29.4k crore MUMBAI: Volatility in the markets notwithstanding, retail investors continued to invest through systematic investment plans (SIPs) in mutual funds, which helped push the monthly gross flows through this channel to an all-time high of Rs 29,361 crore in Sept. The month also recorded the highest ever assets…
[ad_1] MUMBAI: Winro Commercial, a BSE-listed non-banking finance company (NBFC) with a market cap of nearly Rs 31 crore, has bid in LG Electronics India IPO for shares worth nearly Rs 749 crore, raising eyebrows among market players. The company is known to be active in the IPO space; it usually bids in the anchor…
[ad_1] Tata Trusts board clears over Rs 1k crore philanthropic projects MUMBAI: The Tata Trusts board met on Friday at a time when differences over governance and transparency among its members have surfaced in the public domain. All the trustees except Darius Khambata attended the meeting held at the Taj Mahal Palace hotel in south…
[ad_1] Over 250 employees of B9 Beverages, the company behind Bira 91 craft beer, have called for a change in the company’s leadership and the removal of founder Ankur Jain from management.The employees sent a petition to the company’s board, major investors including Kirin Holdings and Peak XV Partners, and the largest lender, Anicut Capital….
[ad_1] The organised gold loan market is projected to touch Rs 15 lakh crore by March 2026 — a full year ahead of earlier forecasts — as banks tighten their dominance and expand faster than non-banking financial companies (NBFCs), according to a report by rating agency Icra.The agency had earlier estimated in September 2024 that…
[ad_1] Net inflows into equity mutual funds moderated for the second consecutive month in September, standing at Rs 30,421 crore, data from the Association of Mutual Funds in India (AMFI) showed on Friday. This represents a 9 per cent decline from August’s Rs 33,430 crore and remains well below July’s record Rs 42,703 crore, PTI…
[ad_1] AI image means for representation only The government has opened senior management positions in public sector banks, including State Bank of India (SBI), to private sector professionals, a move aimed at broadening the talent pool for top banking leadership.Under the revised appointment guidelines, one of the four Managing Director (MD) posts at SBI is…
[ad_1] A months-long calm on Wall Street shattered on Friday after President Donald Trump threatened to sharply raise tariffs on China, triggering a broad market sell-off and pushing the S&P 500 toward its steepest loss since April.The S&P 500 slid 2%, while the Dow Jones Industrial Average plunged 622 points and the Nasdaq composite fell…